Category Archives: finance and insurance

Mohammad Al Fayed and the ports business

It seems like Mohammad al-Fayed (of Harrod’s fame – and obviously many other ventures) was also in the port business.   In 1964, he entered a deal with Papa Doc Duvalier of Haiti, whereby he invested $5 million in the … Continue reading

Posted in capital accumulation, construction, finance and insurance, infrastructure, logistics, Middle East, political economy, ports | Leave a comment

Transport capital

There is a lot to chew on here, but this sentence really struck me: “As for finance, there’s been no tendency for its executives’ pay to outpace that of nonfinancial executives. On the contrary: even during the bubble years of the 2000s, … Continue reading

Posted in capital accumulation, finance and insurance, logistics, political economy, transport | Leave a comment

Piracy and Counter-piracy

There is a kind of romance around piracy.  It is the romance of anti-authority figures and of a life lived not just in the margins but outside the boundaries.   Just think about the masses of novels and films about piracy … Continue reading

Posted in finance and insurance, logistics, piracy, political economy, ports, readings, shipping conditions, ships, transport | Tagged , , , | 1 Comment

Sailing on dhows and working in the auto industry

  A facebook friend sent me a URL to a blogpost which introduced Sons of Sinbad by Alan Villiers…  What struck me was the contention that the book was “probably the only work of western travel literature that focuses on the seafarers of … Continue reading

Posted in finance and insurance, labour, Middle East, political economy, readings, seafaring, shipping conditions, ships, the sea, transport | Leave a comment